Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Karooooo Ltd. (KARO) has a Wall Street consensus price target of $61.00, based on estimates from 3 covering analysts. With the stock currently trading at $47.22, this represents a potential upside of +29.2%. The company has a market capitalization of $1.46B.
Analyst price targets range from a low of $60.00 to a high of $62.00, representing a 3% spread in expectations. The median target of $61.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, KARO trades at a trailing P/E of 25.3x and forward P/E of 1.4x. The forward PEG ratio of 0.09 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +2.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1084.18, with bear and bull scenarios of $689.97 and $1571.50 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for KARO is $61, representing 29.2% upside from the current price of $47.22. With 3 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
KARO has a consensus rating of "Buy" based on 3 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $61 implies 29.2% upside from current levels.
With a forward P/E of 1.3954x, KARO trades at a relatively low valuation. The consensus target of $61 implies 29.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $62 for KARO, while the most conservative target is $60. The consensus of $61 represents the median expectation. Our quantitative valuation model projects a bull case target of $1572 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
KARO is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month KARO stock forecast based on 3 Wall Street analysts shows a consensus price target of $61, with estimates ranging from $60 (bear case) to $62 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $1084, with bear/bull scenarios of $690/$1572.
Our quantitative valuation model calculates KARO's fair value at $1084 (base case), with a bear case of $690 and bull case of $1572. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 55/100.
KARO trades at a forward P/E ratio of 1.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 25.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on KARO, with a "Buy" consensus rating and $61 price target (29.2% upside). 3 of 3 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
KARO analyst price targets range from $60 to $62, a 3% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $61 consensus represents the middle ground. Our model's $690-$1572 range provides an independent fundamental perspective.